Solarium Green Energy Limited has commissioned a 1 GW solar module manufacturing facility in Ahmedabad, as part of its backward integration strategy. The facility has been set up with an estimated capital expenditure of around Rs 90 crore, excluding working capital, and features fully automated, advanced manufacturing lines. The move is aimed at strengthening the company’s control over its supply chain while enhancing execution efficiency across its EPC operations.
High-efficiency module production with advanced technologies
The plant is designed to manufacture high-efficiency crystalline silicon solar photovoltaic modules, including large-format G12 modules of up to 725 Wp. It incorporates advanced technologies such as TOPCon, half-cut, and bifacial cells, enabling improved performance and energy output. These capabilities position Solarium to cater to evolving demand for high-efficiency solar solutions in both domestic and international markets.
Reducing dependency and improving project margins
Solar modules account for nearly 50 to 60% of total EPC project costs, making in-house manufacturing a strategic advantage. With this facility, Solarium aims to reduce dependence on third-party suppliers, improve supply chain reliability, and optimise project timelines. The company also expects margin expansion through captive consumption of modules in its own EPC projects.
Revenue potential and expansion across B2B markets
At approximately 85% utilisation, the facility has the potential to generate annual revenues exceeding Rs 1,000 crore, depending on market conditions and module pricing. Solarium plans to utilise the plant for both internal consumption and external sales to EPC companies and other B2B customers. According to chairman and managing director Ankit Garg, the facility was completed in under nine months, marking a key milestone in strengthening the company’s presence across the solar value chain.
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